Population growth is an interesting measure. Historically, growth has been slow. But something changed that. And the implications are stunning.
Scientists estimate that humans have existed for over 130,000 years. It took until 1804 for us to reach 1 Billion. We doubled that population by 1927 (123 years later), and then doubled it again in only 47 years later (which was 1974).
Early population growth was driven by the agricultural revolution. Since 1804, the industrial revolution, health and safety advances, and technology have radically improved quality of life – spurring comparatively rapid growth.
World population growth rates peaked in the late 1960s and have declined sharply in the past four decades, but we're still on a positive trend. We're expected to reach 9 billion people by 2050, but a lot of that growth comes from developing countries – they also almost exclusively come from urban areas.
Urbanization: Megacities
Since 2014, over 50% of the world's population has lived in urban areas – today it's approximately 55%. That number is growing.
Ironically, as we grow more digitally connected, our world is shrinking and our populations are concentrating.
An interesting consequence of this rapid urbanization and population growth in developing countries has been the increased development of Megacities – defined as cities with populations greater than 10 million. Today, there are 33 megacities – more than triple the number in the 1990s.
This creates a set of interesting opportunities and challenges.
For example, how will these cities deal with infrastructure – sanitation, transportation, etc.
China and the US produce 23.2 trillion and 19.4 trillion respectively; unchallenged powerhouses now. That being said, the global balance of power and population is shifting; and many developing countries (like India) are growing quickly.
It seems likely that with their population growth and maturation as global economies, we'll see a relatively different landscape in 10 years. Will it look like this? Maybe? But Egypt's projected growth of 583% seems a bit beyond normal expectations … Time will tell!
Here are the biggest companies by revenue (in 2018) in almost every state. You'll notice some states are missing. Alaska, Montana, New Mexico, South Dakota, Vermont, West Virginia, and Wyoming lack Fortune 1000 headquarters.
Theresa May has just announced her resignation as UK Prime Minister. She's faced massive criticism for an inability to come to a resolution on Brexit, and missing two deadlines. A new PM will be appointed in July.
Here are some of the posts that caught my eye recently. Hope you find something interesting.
While many people consider Buffett to be an investor, I also consider him to be an entrepreneur.
At the age of six, he started selling gum door to door. Obviously, selling gum wasn't the key to his path to riches. So, how did he make his first million? Here's a video that explains it.
The answer is …. not as close as I would have thought. Nonetheless, they just hit a Trillion Dollar market cap. So, they must have gotten something right!
It's interesting to think about which factors or missing innovations caused the difference between their imagined vision and reality.
They really bought into scaleable, HD, transparent, touch screen displays being not only available, but located in everything by now … which suffice to say, isn't the case.
The reality is …
A lot of these innovations actually have little use – Not every situation needs a transparent monitor – they're worse than standard monitors in almost every way. You end up using absurdly expensive screens to display a digital version of a post it note or handwriting. The desk/monitor hybrid would be covered in sheets of paper, office supplies, and your coffee. A boarding pass being a screen is highly inefficient for so many reasons – and so is a digital newspaper. We have those – they're called phones.
They assumed batteries would be way farther along – The thinner your monitor, the more transparent, the harder it is to create a high-performance high-fidelity battery to maintain it. Unfortunately, batteries haven't had nearly the boom like the rest of our tech (though they are getting better).
IoT Adoption/Security – One of the biggest problems with IoT is that the more these pieces communicate the harder it is to prevent hacks. A chain is only as strong as the weakest link – and a smart coffee maker isn't nearly secure as your computer.
Fingerprints (Glass) – I get this isn't a "real" concern – but every piece of technology they showed was transparent/glass. On top of being very breakable (see Samsungs new foldable phones) Could you imagine how smudged/dirty everywhere would appear? Imagine a New York subway with this technology.
Expense v. Convenience – A lot of technologies are feasible – but aren't cost-effective. Look at the slow adoption of Solar cells as their efficiency per cost went up.
Making everything a device/screen means more opportunity for companies to serve you ads and retarget you ad infinitum.
Ultimately, I find this perceived "modern digital office environment" very inefficient. A lot of these "innovations" are less dynamic and easy to use than their analog counterparts. Mechanical keyboards serve a purpose.
In reality, a lot of the trends we've adopted to increase collaboration and sharing have been counterproductive. Not every office needs an open floor plan – not every team needs 15 subteams with 4 bosses – and using 20 different productivity tools actually decreases productivity.
That being said, we've come a long way in 10 years. Think about the quality of your phone in 2009 or your desktop computer – whirring loudly as it tried to access the disk, or the internet, or anything really.
What we have now isn't perfect – but it's leaps and bounds ahead of where we were. A lot of technology seems like science fiction – like the Babel fish from Hitchhikers Guide to the Galaxy.
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